Giorgio Co. had cost of goods sold of $9.421 milion, ending inventory of $2.089 milion and average inventory of $1.965 mon 1. Calculate the inventory turnover. 2. Calculate the day's sales in inventory 3. What do these ratios tell you about inventory management at Giorgio Co. if the industry average is a turnover of 3.3 and the day's sales in inventory is 130 days